Detroit emergency manager files bankruptcy - Israel News, Ynetnews
 
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Detroit emergency manager files bankruptcy

Published: 07.18.13, 23:49 / Israel News

Detroit on Thursday became the largest city in US history to file for bankruptcy, as the state-appointed emergency manager asked a federal judge for municipal bankruptcy protection.

 

Kevin Orr, a bankruptcy expert, was hired by the state in March to lead Detroit out of a fiscal free-fall and filed Thursday in federal bankruptcy court. (AP)

 

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